2, OAK STREET, SHREWSBURY, SY3 7RH - £370,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 OAK STREET is a midsized extended detached house of 118m², built sometime between 1930 and 1949, which could now be worth an estimated £530,126. It was last sold for £370,000 in March 2016, which was around 27% above the average March 2016 detached price in the Shropshire local authority area. The most recent EPC inspection was September 2012, where the current energy rating was E, and the potential energy rating was C.

2 OAK STREET Sold Prices

Land registry data shows two sales for 2 OAK STREET since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. Both of the two 2 OAK STREET sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2016 7 MAR	£370,000	£291,243	27% above HPI
2014 24 JUN	£325,000	£265,498	22% above HPI

2 OAK STREET Price Paid vs. HPI Average

The below graph shows the average detached house price in the Shropshire local authority area over time, sourced from the HPI. The two 2 OAK STREET sales from June 2014 and March 2016 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the June 2014 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the March 2016 sale, where it rises to 27% above the HPI. The line then continues to track at 27% above the HPI.

What might 2 OAK STREET be worth now?

2 OAK STREET might now be worth an estimated £530,126.

This is based on house price inflation of 43.3%, between March 2016 and February 2025, for detached houses, in the Shropshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 43.3% inflationary increase is applied to the most recent sale price for 2 OAK STREET of £370,000 on 7th March 2016. For the value to have increased from £370,000 to £530,126 over the nine years and one month to February 2025, the following assumptions must hold true:

• The value of 2 OAK STREET has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The March 2016 sale price of £370,000 represented a fair market value for the property.
• The size, condition, and specification of 2 OAK STREET has not materially changed since March 2016.

How Large is 2 OAK STREET?

2 OAK STREET is 118m², which includes one extension, according to the EPC inspection conducted in September 2012. This puts it in the largest 50% of detached houses houses in Shrewsbury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Shrewsbury, and where 2 OAK STREET lies on this distribution: 53% of detached houses houses are smaller than 2 OAK STREET, and 46% of houses are larger. Note that EPC data is not available for all properties in Shrewsbury.

2 OAK STREET: Plot and Title Map

2 OAK STREET sits on a plot of roughly 0.068 of an acre, or 276m². The below map shows the location of 2 OAK STREET, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 2 OAK STREET). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 2 OAK STREET?

2 OAK STREET is located in SHREWSBURY, in the SY3 postcode district. The below map shows the position of No. 2 on OAK STREET.